company background image
CCP

Celtic AIM:CCP Stock Report

Last Price

UK£1.23

Market Cap

UK£115.8m

7D

-2.0%

1Y

11.4%

Updated

26 Jun, 2022

Data

Company Financials +
CCP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

CCP Stock Overview

Celtic plc, through its subsidiary, Celtic F.C.

Celtic Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Celtic
Historical stock prices
Current Share PriceUK£1.23
52 Week HighUK£1.45
52 Week LowUK£0.90
Beta0.35
1 Month Change-6.13%
3 Month Change18.93%
1 Year Change11.36%
3 Year Change-24.62%
5 Year Change25.00%
Change since IPO-51.00%

Recent News & Updates

Apr 07
Is Celtic (LON:CCP) Using Debt In A Risky Way?

Is Celtic (LON:CCP) Using Debt In A Risky Way?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

CCPGB EntertainmentGB Market
7D-2.0%0.09%2.3%
1Y11.4%-39.4%-8.6%

Return vs Industry: CCP exceeded the UK Entertainment industry which returned -39.4% over the past year.

Return vs Market: CCP exceeded the UK Market which returned -8.6% over the past year.

Price Volatility

Is CCP's price volatile compared to industry and market?
CCP volatility
CCP Average Weekly Movement4.6%
Entertainment Industry Average Movement7.0%
Market Average Movement5.5%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.8%

Stable Share Price: CCP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CCP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1887667Michael Gordon Nicholsonhttps://www.celticfc.net

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities.

Celtic Fundamentals Summary

How do Celtic's earnings and revenue compare to its market cap?
CCP fundamental statistics
Market CapUK£115.75m
Earnings (TTM)UK£16.88m
Revenue (TTM)UK£72.95m

6.9x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCP income statement (TTM)
RevenueUK£72.95m
Cost of RevenueUK£79.20m
Gross Profit-UK£6.25m
Other Expenses-UK£23.13m
EarningsUK£16.88m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.18
Gross Margin-8.56%
Net Profit Margin23.14%
Debt/Equity Ratio6.9%

How did CCP perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CCP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CCP?

Other financial metrics that can be useful for relative valuation.

CCP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA-27.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does CCP's PE Ratio compare to its peers?

CCP PE Ratio vs Peers
The above table shows the PE ratio for CCP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average23.4x
LBG LBG Media
46.6x26.7%UK£243.6m
OMIP One Media iP Group
28.1x23.8%UK£15.2m
AEO Aeorema Communications
14xn/aUK£5.4m
DCD DCD Media
4.9xn/aUK£2.5m
CCP Celtic
6.9xn/aUK£115.8m

Price-To-Earnings vs Peers: CCP is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (23.4x).


Price to Earnings Ratio vs Industry

How does CCP's PE Ratio compare vs other companies in the European Entertainment Industry?

Price-To-Earnings vs Industry: CCP is good value based on its Price-To-Earnings Ratio (6.9x) compared to the UK Entertainment industry average (25.7x)


Price to Earnings Ratio vs Fair Ratio

What is CCP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CCP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CCP's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CCP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CCP (£1.23) is trading above our estimate of fair value (£0.25)

Significantly Below Fair Value: CCP is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CCP's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Celtic forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


4.1%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CCP's forecast earnings growth is above the savings rate (0.9%).

Earnings vs Market: Insufficient data to determine if CCP's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if CCP's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CCP's revenue (4.1% per year) is forecast to grow slower than the UK market (4.1% per year).

High Growth Revenue: CCP's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CCP's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Celtic performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-32.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CCP has a large one-off gain of £39.9M impacting its December 31 2021 financial results.

Growing Profit Margin: CCP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CCP's earnings have declined by 32.4% per year over the past 5 years.

Accelerating Growth: CCP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CCP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (8.2%).


Return on Equity

High ROE: CCP's Return on Equity (18.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Celtic's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CCP's short term assets (£62.9M) exceed its short term liabilities (£52.5M).

Long Term Liabilities: CCP's short term assets (£62.9M) exceed its long term liabilities (£16.3M).


Debt to Equity History and Analysis

Debt Level: CCP has more cash than its total debt.

Reducing Debt: CCP's debt to equity ratio has reduced from 16.1% to 6.9% over the past 5 years.

Debt Coverage: CCP's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if CCP's interest payments on its debt are well covered by EBIT.


Balance Sheet


Discover healthy companies

Dividend

What is Celtic current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CCP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CCP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CCP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CCP's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CCP has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Michael Gordon Nicholson (45 yo)

0.75

Tenure

Mr. Michael Gordon Kenneth Nicholson serves as Chief Executive Officer of Celtic plc since December 2021 and had been its Acting Chief Executive Officer since September 10, 2021 until December 2021. He has...


Leadership Team

Experienced Management: CCP's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: CCP's board of directors are seasoned and experienced ( 11 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Celtic plc's employee growth, exchange listings and data sources


Key Information

  • Name: Celtic plc
  • Ticker: CCP
  • Exchange: AIM
  • Founded: 1887
  • Industry: Movies and Entertainment
  • Sector: Media
  • Implied Market Cap: UK£115.751m
  • Shares outstanding: 94.49m
  • Website: https://www.celticfc.net

Number of Employees


Location

  • Celtic plc
  • Celtic Park
  • Glasgow
  • Lanarkshire
  • G40 3RE
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.